Bahrain adopted Overseas Accounting Standard 1 (IAS 1) in 1994 within the lack of other standards that are local.

Bahrain adopted Overseas Accounting Standard 1 (IAS 1) in 1994 within the lack of other standards that are local. Bahrain\u2019s sector that is industrial dominance by state-controlled organizations such as for example Aluminum Bahrain (ALBA) and Gulf Petrochemical Industries Company (GPIC).\u00a0 De facto monopolies additionally occur in certain companies led by people or family-run organizations.…